August 06, 2011
Well...Dang
Note: Not a real Economist cover. Was pilfered from 4-Chan
Apologies for the profanity....but damn.
There may be a thin silver lining to the downgrade, in that interest rates may go up substantially. This is terrible news for the economy of course but it will help those who are on fixed incomes with savings.
Allahpundit notes another possible non calamitous result.
Pretty much all the other ramifications seem to...umm...suck.
Note: Not a real Economist cover. Was pilfered from 4-Chan
Apologies for the profanity....but damn.
Allahpundit notes another possible non calamitous result.
Not only can’t the Super Committee fail, it’ll be under enormous public pressure to reach a grand bargain. That’s the silver lining in this cloud — they have to get serious now. They have no choice.
Pretty much all the other ramifications seem to...umm...suck.
Posted by: The Brickmuppet at
03:30 AM
| Comments (1)
| Add Comment
Post contains 106 words, total size 1 kb.
<< Page 1 of 1 >>
25kb generated in CPU 0.2506, elapsed 1.0019 seconds.
68 queries taking 0.9861 seconds, 282 records returned.
Powered by Minx 1.1.6c-pink.
68 queries taking 0.9861 seconds, 282 records returned.
Powered by Minx 1.1.6c-pink.
